well quote properly then please. Chris did not say Neo or...

well quote properly then please.

Chris did not say Neo or Primobius would make a PE of 60 or that we are a royalty company. He was asked to compare it to royalty and mining companies and Chris noted lithium miners get a PE of 3 to 4, chemical companies can be 10 or 12 and royalty companies like Lithium Royalty Company can trade at 60 or 70 .

We are not a royalty company and he DID NOT say we would make a PE 60. I trust you understand the difference btw the three types of businesses. We are not a Royalty Company but we have exposure to the multiple revenue streams - i don't see a problem with having multiple earning models - which is the point i think Chris was making. Relationships with Tier One customers. Long Life, Steady stream. Multiple and diversified earnings. Brilliant IMHO but hey!

taking the risk of laboring this point - primobius makes money from making the plants and then put the royalty into a separate vehicle and Primobius must pass on 96% of the royalty stream to that Aussie based entity and stelco is 10% gross royalty and we also make money of black mass.